Swis Distribution Ltd

Swis Distribution Ltd, based in Newquay, UK, is a small holding company with an active status, established twelve years ago in 2012. The company employs seven people and holds assets valued at £782,547. It operates from a real address at Terminal 11 Aerohub Business Park, St Mawgan, and is managed by two directors, with one owner. Swis Distribution Ltd regularly imports and exports plastics and plastic products, with nineteen months of import activity and twenty-six months of export activity recorded.

The company’s website details a business focused on spray foam insulation and related products. It functions as a distributor of Kingspan products and offers training and resources, including NVQ qualifications and reactor lead generation. The site also highlights a position as a distributor of Kingspan products in the UK. The company provides a variety of services, including safe and timely consignments, and positions itself as a one-stop shop for training and resources. The site also includes a section dedicated to the company’s commitment to getting consignments to their destination safely.

Financially, Swis Distribution Ltd has experienced some significant shifts. Current assets have decreased by 30% to £780,000, while net assets have fallen by 6.4% to £1,000,000. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have fallen 30% to £120,000. Trade debtors have ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Swis Distribution Ltd appears to be navigating a period of change. While its core business of plastics distribution seems steady, the financial data suggests some pressures and a need for careful management.

Registered in England/Wales under the registration number 08156279, with a registered address at TR8 4UP, United Kingdom, Newquay, Terminal 11 Aerohub Business Park, St Mawgan.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.